Alleviating the deficit remains a high priority. All fees in v2.1, v3, and Carbon DeFi are going towards alleviating the deficit, in addition to the protocol portion (50%) of profit generated through the Arb Fast Lane. A number of pools have been closed in a permanent state of surplus meaning the remaining LPs in these pools are able to withdraw the full amount initially deposited. A total of 70 pools have been closed in a state of surplus - full update is presented in Bancor3 Progress Update. Once a pool reaches a state of surplus and is closed, an alert is automatically shared in the Bancor Alerts (https://t.me/BancorAlerts) channel along with all other onchain alerts.
Oh man, it's at negative 60% of our deposit amount. This efforts don't appear to be affecting the deficit at all.
As long as BTC/ETH perform better than BNT that’s only worsening
You would think that burning bnt would benefit it's value....but no.
Given that we have absolutely no view on the foundation wallets, wouldn’t be impossible the foundation is dumping their bags
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